Sterling lost 0.8 percent to hit a session low of $1.5486 against the dollar, the lowest level in a week, pulled down by weakness as Spain's borrowing costs jumped to new highs.
More top news
Freezing, frosty and icy again tonight as temperatures fall.
Fashion giant Michael Kors Holdings announces that it is phasing out real fur over the next year.
The little boy cried for help but began making the two-mile journey home on his own when there was no response.